Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
65 PRINCESS MARGARET AVENUE is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £310,000 in July 2017, which was around 15% below the average July 2017 detached price in the Thanet local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 65 PRINCESS MARGARET AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 65 PRINCESS MARGARET AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2017 5 JUL | £310,000 | £363,107 | 15% below HPI |
2015 19 OCT | £220,000 | £306,637 | 28% below HPI |
2006 16 OCT | £185,000 | £247,201 | 25% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 65 PRINCESS MARGARET AVENUE sales between October 2006 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
65 PRINCESS MARGARET AVENUE is 85m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 65 PRINCESS MARGARET AVENUE lies on this distribution: 25% of detached houses are smaller than 65 PRINCESS MARGARET AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Margate.
65 PRINCESS MARGARET AVENUE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 65 PRINCESS MARGARET AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 65 PRINCESS MARGARET AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
65 PRINCESS MARGARET AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 65 on PRINCESS MARGARET AVENUE.